HONKARAKENNE OYJ HAS AGREED ON JUNIOR LOAN

HONKARAKENNE OYJ Stock Exchange Release 30 November 2016 at 9:00 a.m.

Honkarakenne Oyj has previously announced that it has launched negotiations on new financing with banks and other potential financiers. As part of Honkarakenne’s financial arrangements Honkarakenne’s main owner Saarelainen Oy has granted Honkarakenne an unsecured junior loan amounting EUR 0.3 million. The junior loan is subordinated to bank loans.

Saarelainen Oy finances the granted junior loan inter alia by selling Honkarakenne B-serie shares to Honkarakenne’s CEO Marko Saarelainen.

HONKARAKENNE OYJ

Board of Directors

FURTHER INFORMATION:

Marko Saarelainen, President and CEO, tel. +358 40 542 0254, marko.saarelainen@honka.com

DISTRIBUTION

NASDAQ OMX Helsinki

Key media

Financial Supervisory Authority